It is always interesting when people say wages have stagnated.
Could be true, but it isn't the only problem. People take on crippling student loans, spend 4-6 years in college and university and come out on the other end so far in the hole that there is no way they can ever make ends meet for a very long time. That is what drowning in debt means.
How many skilled trade jobs are going unfilled? How many people do we all know who work in the trades and make good money and have a consistent job? I know quite a few across many industries making more than $100k.
Not only are we not educating our kids on how to be financially responsible, but we have pushed the college / university route so hard that it isn't surprising that some generations are so royally screwed.
What percentage of kids are graduating and not finding a relevant job to the degree that they got?
Any degree right now that isn't STEM related is almost a waste of time and will almost certainly be taken over by AI and automation.
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